Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower prices.

Eight OPEC+ member countries will go forward with plans to increase oil production amid President Donald Trump’s calls for reducing the cost of oil. The organization, headed by Saudi Arabia and ...

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

Brazil will be joining the Organization of the Petroleum Exporting Countries, or OPEC+, highlighting the South American ...

OPEC+ just blinked after its long standoff with middling oil prices. The Saudi- and Russia-led group said Monday that it ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact ...

Kazakhstan is in discussions with oil majors to cut output to bring the country's supply back in line with targets set by the ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...

While bearish sentiment due to OPEC+ output increases and demand concerns are causing oil prices to fall, this decline may be ...

Thirteen people have been hospitalized with the measles amid an outbreak in West Texas. Plus, the world’s seventh-largest oil producer says it’s joining OPEC+.

Kazakhstan's Minister of Energy will resign from his position, as announced by the country's presidential office on Tuesday.